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Bill
Electric Vehicles
Ford to Make New Engines in India With $370 Million Investment
Ford Motor Co. (F.N) plans to invest about 32.5 billion Indian rupees ($369.76 million) in India to produce new engines, according to a person familiar with the…
India
Maersk’s APM Terminals Eyes $2 Billion Investment in Indian Port
Danish shipping company Maersk (MAERSKb.CO) announced on Thursday that its port operations subsidiary, APM Terminals, may invest approximately $2 billion to exp…
United Arab Emirates
Chinese State Company to Build Dubai Towers
China Railway 18th Bureau Group, part of state-owned China Railway Construction Corporation, has secured a contract valued at about $272 million (AED 1 billion)…
Portugal
Portugal’s Mota-Engil Lands €1BN Mexican Rail Deal
Mota-Engil has secured over €1 billion in new rail contracts in Mexico, strengthening its position as a leading infrastructure player in Latin America and …
United States
Nvidia’s Stock Market Value Nears Record $5 Trillion
Nvidia was close to reaching a $5 trillion market valuation on Tuesday after announcing strong new orders and major government projects. The company said it had…
Nuclear Power Plant (NPP)
US Strikes $80 Billion Deal for New Nuclear Power Plants
The U.S. government has signed a partnership with the Canadian owners of Westinghouse Electric to advance one of its largest nuclear energy initiatives in decad…
Offshore Wind Power
Britain Announces $1.45 Billion Budget for Offshore Wind Auction
The United Kingdom has allocated a reduced budget for offshore wind projects in its upcoming auction, according to government documents released on Monday. This…
Metal
CMOC to Invest $1.1b to Expand Congo Copper Mine
China’s CMOC Group announced plans to invest $1.08 billion to expand its KFM copper mine in the Democratic Republic of Congo (DRC), aiming to increase annual c…
Solar Battery (Storage)
UAE Breaks Ground on Dh22bn Solar and Battery Storage Project
The United Arab Emirates (UAE) has begun construction of a Dh22 billion ($5.99 billion) renewable energy project featuring a 5.2-gigawatt (GW) solar photovoltai…
Metal
Perpetua Resources Starts Building $1.3b Stibnite Gold-Antimony Mine
Perpetua Resources (NASDAQ, TSX: PPTA) has started early works construction at its $1.3 billion Stibnite gold-antimony project in central Idaho. The project was…
Power Construction
ADB, World Bank Commit $12.5 Billion to ASEAN Power Grid Plan
The World Bank, Asian Development Bank (ADB), and the Association of Southeast Asian Nations (ASEAN) have announced a joint financing initiative to advance the …
Metal
Appian, World Bank Start $1B Critical Minerals Fund
UK private equity firm Appian Capital Advisory has partnered with the International Finance Corporation (IFC), a World Bank subsidiary, to launch a $1 billion c…
Saudi Arabia
Saudi Arabia Selects Contractor for $1.4bn Performing Arts Centre
Saudi Arabia’s Qiddiya Investment Company has awarded a construction contract worth about $1.4 billion to local contractor Nesma & Partners for the develo…
Electricity Transmission
AEP Secures $1.6bn Federal Loan Guarantee for Power Line Upgrades in Midwest
American Electric Power (AEP), through its subsidiary AEP Transmission, has received a $1.6 billion loan guarantee from the U.S. Department of Energy’s (D…
Electricity Transmission
New York Approves Power Line for Micron’s $100 Billion Semiconductor Plant
The New York State Public Service Commission has approved a new underground transmission line connecting the existing Clay substation with Micron Technology&rsq…
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